Guru Investment Theses on Ansys Inc

Baron Funds Comments on ANSYS Inc. - May 02, 2014

Shares of ANSYS, Inc. (ANSS), the leading global provider of simulation software, fell in the quarter due to macroeconomic concerns, particularly in emerging markets. We beli eve ANSYS can sustainably grow revenue at low double digit rates in the current macro environment and can accelerate to mid-teens growth when macro conditions improve. Management is increasingly willing to deploy cash for share repurchases, which we view as a favor able indicator for the long term. Baron Growth Fund has about tripled its money in this investment ov er the past five years. (Neal Rosenberg)

Baron Funds Comments on ANSYS Inc. - May 02, 2014

Shares of ANSYS, Inc. (ANSS), the leading global provider of simulation software, fell on rekindled macroeconomic concerns, particularly in the emerging markets, and their potential impact on ANSYS's near-term revenue growth rate. We believe ANSYS can sustainably grow its revenues at low-double digit rates in the current macro environment, and we believe that it can accelerate to mid-teens growth if macro conditions improve. Management is increasingly willing to deploy the company's significant cash balance for share repurchases, which we view as a favorable indicator of its long-term prospects.

Baron Funds Comments on ANSYS Inc. - Aug 05, 2013

Shares of ANSYS, Inc. (ANSS), the market leader in simulation-driven product development, declined during the quarter after reporting first quarter results that were negatively impacted by slower end market demand. Despite the near term headwind, we believe that ANSYS is the dominant global provider of simulation software, and will benefit from long-term secular adoption of its simulation tools. We also believe that ANSYS' management will increasingly deploy cash to accelerate the pace of share repurchases. (Neal Rosenberg)

Baron Funds Comments on ANSYS Inc. - Aug 02, 2013

ANSYS, Inc. (ANSS), the market leader in simulation-driven product development software, declined after reporting quarterly results that were negatively impacted by slower end market demand. Despite the near-term headwind, we believe that ANSYS remains the dominant global provider of simulation software and that the company stands to benefit from the ongoing adoption of its simulation tools. We also believe that ANSYS will increasingly use its cash to repurchase its shares, which we believe will generate additional shareholder value.

Top Ranked Articles about Ansys Inc

Shares of ANSYS, Inc. (ANSS), the leading global provider of simulation software, fell on rekindled macroeconomic concerns, particularly in the emerging markets, and their potential impact on ANSYS's near-term revenue growth rate. We believe ANSYS can sustainably grow its revenues at low-double digit rates in the current macro environment, and we believe that it can accelerate to mid-teens growth if macro conditions improve. Management is increasingly willing to deploy the company's significant cash balance for share repurchases, which we view as a favorable indicator of its long-term prospects. Read more...

Shares of ANSYS, Inc. (ANSS), the leading global provider of simulation software, fell in the quarter due to macroeconomic concerns, particularly in emerging markets. We beli eve ANSYS can sustainably grow revenue at low double digit rates in the current macro environment and can accelerate to mid-teens growth when macro conditions improve. Management is increasingly willing to deploy cash for share repurchases, which we view as a favor able indicator for the long term. Baron Growth Fund has about tripled its money in this investment ov er the past five years. (Neal Rosenberg) Read more...

Business Description

ANSYS, Inc., a Delaware corporation was incorporated in 1994. The Company develops and markets engineering software and services used by engineers, designers, researchers and students across a broad spectrum of industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. ANSYS Engineering Knowledge Manager ("ANSYS EKM") is a comprehensive solution for simulation-based process and data management challenges. ANSYS EKM provides solutions and benefits to all levels of a company, enabling an organization to address the critical issues associated with simulation data, including backup and archival, traceability and audit trail, process automation, collaboration and capture of engineering expertise, and intellectual property protection. The Company's high-performance computing ("HPC") product suite enables enhanced insight into product performance and improves the productivity of the design process. The Company offers geometry handling solutions for engineering simulation in an integrated environment with direct interfaces to all major CAD systems, support of additional readers and translators, and an integrated geometry modeler exclusively focused on analysis. The Company's structures product suite offers simulation tools for product design and optimization that increase productivity, minimize physical prototyping and help to deliver better and more innovative products in less time. These tools tackle real-world analysis problems by making product development less costly and more reliable. The Company's fluids product suite enables modeling of fluid flow and other related physical phenomena. The Company's electronics product suite provides field simulation software for designing high-performance electronic and electromechanical products. The Company's academic product suite provides a scalable portfolio of academic products based on several usage tiers: associate, research and teaching. The Company distributes and supports its products through a global network of independent channel partners, as well as through its own direct sales offices. The Company is subject to various investigations, claims and legal proceedings that arise in the ordinary course of business, including alleged infringement of intellectual property rights, commercial disputes, labor and employment matters, tax audits and other matters.

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